Chapter 9 A Pareto-Improving Foreign Aid in a Dynamic North–South Model

Constructing a simple dynamic North–South model in which factors of production are internationally immobile and there is no international credit market, it is possible that a persistent and unilateral foreign aid makes both North and South better off. We also show that the Pareto-improving transfer involves local indeterminacy.

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Year of publication:	2006
Authors:	Shimomura, Koji
Published in:	Theory and practice of foreign aid. - Bingley, U.K : Emerald, ISBN 978-1-84950-013-5. - 2006, p. 131-153
Subject:	Entwicklungshilfe \| Development aid \| Pareto-Optimum \| Pareto efficiency \| Dynamische Wirtschaftstheorie \| Economic dynamics

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Type of publication:	Article
Language:	English
Other identifiers:	10.1016/S1574-8715(06)01009-8 [DOI]
Source:	ECONIS - Online Catalogue of the ZBW

Persistent link: https://www.econbiz.de/10015384853